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OPINION

Published 12:08 IST, August 9th 2024

Jay Powell excels at his top job: punching bag

The Federal Reserve kept interest rates steady at its meeting on July 31. Unemployment figures released on Aug. 2 showed an increase in the joblessness rate.

Reuters Breakingviews
Gabriel Rubin
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Jerome Powell
Jerome Powell | Image: X
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12:08 IST, August 9th 2024